BlackRock created headlines when it went out and purchased a whopping $969.7 million worth of Bitcoin. This was another institutional boost for crypto and investors and market watchers alike are calling it a semi-seismic event that has partially aligned with other recent large purchases by whale Bitcoin holders. This purchase is significant not only because
The utility and edge that cryptocurrency enjoys over traditional assets is again in focus. 50TFunds founder Dan Tapiero, in a post on X, used the Japanese scenario to drive home the edge that Bitcoin has over the stock market, the Nikkei. Japan’s low-yield decades drive capital toward Bitcoin and gold Tapiero noted that Japan maintained
US stocks and home prices hit record highs in dollar terms, but they’ve dropped significantly when priced in Bitcoin. Bitcoin has seen a steady upward trajectory over the past seven days. Starting from around $114,000 this month, it peaked at over $126,000 yesterday, October 6, before dipping slightly to hover around $123,000. This price action
Billy Markus, the programmer who cofounded Dogecoin and now goes by Shibetoshi Nakamoto on X, found his own way to react to Bitcoin smashing through the $125,000 line. He did not go into any technical details or talk about macro policy. Instead, he dropped a meme — a half-collapsed building awkwardly supported by wooden beams,
South Africa has recorded a significant adoption of Bitcoin. The Scan to Pay payment processor has facilitated the use of Bitcoin Lightning Network in 650,000 merchants around the country. On October 7, 2025, the crypto historian Pete Rizzo announced in X one of the largest retail Bitcoin integrations across the globe. Bitcoin Payments The migration
The Bitcoin Rainbow Chart projects that the asset could trade between $37,627 and $419,225 by October 31, 2025, depending on market sentiment and its position within historical growth bands. Notably, the Rainbow Chart is a long-term logarithmic growth model that visualizes Bitcoin’s (BTC) historical price performance through color-coded “sentiment bands.” With Bitcoin trading around $124,000,
Citadel’s founder and CEO Ken Griffin confirmed the trend to pick silver, gold, and BTC as a ‘debasement trade’, counting on security against weakening fiat. Griffin believes individual investors are seeking ways to de-dollarize. Citadel’s founder and CEO Keith Griffin commented that individual investors are seeking ways to escape dollar positions. The recently emerging ‘debasement
Dutch cryptocurrency firm Amdax raised 30 million euros to start its Bitcoin treasury initiative AMBTS. The firm aims to covet 1% of the total BTC supply. Summary Dutch crypto firm Amdax has completed its €30 million ($35 million) funding round to launch Amsterdam Bitcoin Treasury Strategy. The firm aims to accumulate up to 210,000 BTC,
Bitcoin (BTC) breached $126,100 for the first time in history on Oct. 6, climbing 2.5% in 24 hours as record institutional demand and macroeconomic uncertainty converged to push it to new highs. Bitcoin has since retraced to $123,500, sitting around the previous all-time high, which now acts as a support for the uptrend. The rally
Bitcoin continues to dominate headlines as it breaks past $124,000, fueled by renewed optimism surrounding the U.S. Strategic Bitcoin Reserve (SBR). This excitement follows Senator Cynthia Lummis’s remarks that funding for the reserve “can start anytime,” a move widely seen as a major step toward legitimizing government-backed Bitcoin initiatives. Analysts and traders suggest this could